Trupti Jalan

sbi gold deposit scheme

SBI Revamped Gold Deposit Scheme

In 1999, the Government of India launched a gold deposit scheme that could not gain success. But in 2015, the scheme was reintroduced as Revamped Gold Deposit Scheme (R-GDS) along with another gold scheme, the gold metal scheme, under the...

flexi fixed deposit scheme

Flexi Fixed Deposit Scheme

Fixed Deposits or FDs are one of the most popular and traditional savings instruments in India. Also, there are different types of fixed deposits offered by banks for various financial requirements. Thus, one such modified version of bank fixed deposits...

gold moneitsation scheme

Gold Monetisation Scheme

In many Indian households, there are tonnes of gold that are lying idle. To turn this unused gold into productive assets, the Government of India has launched a scheme in 1999 called the Gold Deposit Scheme (GDS). However, in the...

fcnr deposit

FCNR Deposit

What is an FCNR Deposit? FCNR refers to Foreign Currency Non-Resident Account. Thus, FCNR account is a fixed deposit account that provides Non-Resident Indians with an option to park their foreign earnings in different banks of India. Also, this account...

short term fd

Short Term Fixed Deposit

Fixed deposit is one the most traditional forms of investments for people in India. It encourages savings and guarantees returns in the form of interest. There are different types of fixed deposit options available for individuals to choose from. This...

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Ultra Short Term Funds vs Liquid Funds

Mutual fund investments have become a popular investment option in India. One can invest for both short term and term horizon in mutual funds. For short term investments in mutual funds, investors come across ultra short term funds and liquid...

Difference between Primary market and Secondary market

Difference between Primary market and Secondary market

The capital market is a financial system where companies can raise money by issuing shares, bonds, debentures, etc. The primary market is where the securities are created for the first time. While the secondary market is the market dealing in...

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Permanent Retirement Account Number – PRAN

The Central Government launched the National Pension Scheme (NPS) to encourage savings amongst Indian citizens. Earlier, this scheme applied to government employees only. However, encouraging people to save it has made this scheme open to all employees of the public,...